Quick intro to slicers
🍰 A slicer is a smart contract that distributes any payment it receives to its owners, proportionally to their owned slices.
💡 What can I achieve by creating a Slicer? You can power a decentralized store from where owners can sell anything and accept any currency, enabling trustless commerce at the blockchain layer.
Sell books on-chain and split ownership between multiple authors and illustrators
As an author, you use words to tell stories that inspire and move us. Web3 offers many possibilities to package and monetize your writing in exciting ways.
With Slice, you can easily share ownership and earnings with multiple authors.
Example scenario
- Author wants to package multiple stories together as an anthology
- Partners with 3 other authors and an illustrator
- Together they decide on their slices — each author gets 22.5% and the illustrator gets 10%
- They create a slicer with their individual ETH addresses, sharing 2250 slices for each author and 1000 slices for the illustrator
- They create multiple products which give access to the ebook, mint NFTs and allows delivering physical signed copies to the buyers
- They set the Slicer as the payout address for the NFT collection (see tutorial)
- Fans purchase book on Slice (or custom website) and trade NFTs
- The ETH for both initial sales and secondary sale royalties is split proportionally between the authors and the illustrator 🍰
Example of ownership split